Citi
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Slovak Telekom, on Wednesday, said it intended to float 49% of its business in a joint Bratislava and London listing.
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The spark of life was seen in the senior unsecured market on Wednesday, with Credit Suisse’s senior unsecured bond, issued from its holding company, quickly achieving blowout status during the bookbuilding process.
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Royal Dutch Shell’s £47bn takeover offer for BG Group may bypass the public equity capital market — at any rate, no public issue has been mentioned to finance the £13.1bn cash element of the purchase price. But Shell has raised its asset disposal target for 2016-18 to $30bn.
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Noble Group, a commodities supplier, has launched into general a $2.25bn financing that is being led by a 15-strong group of banks.
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Aircraft leasing company AerCap has refinanced a $1.1bn term loan facility after American International Group announced plans to sell its stake in the company.
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After a late rush from several sovereign borrowers, CEEMEA international bond volumes finished the first quarter of the year at $32bn from 44 deals, almost on par with Q1 2014s $34.7bn via 39 deals.
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A pipeline of financial institution deals is assembling following the Easter break, with ING hitting the road for its additional tier one deal in three continents and Achmea announcing a senior unsecured transaction.
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Rolls-Royce, the UK aero-engine maker, has refinanced a £1.5bn credit facility for the budget price of 21.25bp over Libor, according to Dealogic.
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With the European Central Bank bond buying programme creating the perfect market for locking in long dated funds at record low yields, the Republic of Poland this week made the most of sublime conditions to print a 12 year with a coupon of 0.875%. Virginia Furness reports.
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National Bank of Kuwait made its first appearance in the capital markets since 2002, bypassing senior unsecured to sell a $700m additional tier one trade on Wednesday.
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ING is set to leap into the post-Easter market for its first additional tier one deal, looking to add to a recent hot streak for subordinated paper.
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Hikma Pharmaceuticals is out with guidance for its debut offering. The bond will be the first senior unsecured offering from Jordan since 2010.